Euro / U.S. DollarShort
EUR USD
EUS is building its historic bearish trend from Week pattern
For 4H it has a short-term chance for hitting back $1.8( the beneath support of upward trend channel($1.161-1.183)), but it gave up.
Now it is establishing a new elliott wave downstairs, which's target is $1.154, in that way, it will break the bottom of $1.161
Anyway, i will base the plan to do a low suction by $1.67( its H&S support of neck and also the support of its Fib 76.8)
Let's see this fantastic wave happen!
For 4H it has a short-term chance for hitting back $1.8( the beneath support of upward trend channel($1.161-1.183)), but it gave up.
Now it is establishing a new elliott wave downstairs, which's target is $1.154, in that way, it will break the bottom of $1.161
Anyway, i will base the plan to do a low suction by $1.67( its H&S support of neck and also the support of its Fib 76.8)
Let's see this fantastic wave happen!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.